Macmahon HoldingsASX:MAH -2.60%62 PB Ratio is 2.80 as of Jun. 25, 2026, which is 192% above its 10-year median of 0.96. GuruFocus rates ASX:MAH with a GF Score™ of 62/100 and a GF Value™ of A$0.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,358 Metals & Mining companies, Macmahon Holdings ranks worse than 59.16% on this metric.
Macmahon Holdings Ltd stock PB Ratio (=2.87) is close to 10-year high of 3.09.
The historical rank and industry rank for Macmahon Holdings's PB Ratio or its related term are showing as below:
ASX:MAH'
s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.96 Max: 3.09
Current: 2.79
During the past 13 years, Macmahon Holdings's highest PB Ratio was 3.09. The lowest was 0.47. And the median was 0.96.
ASX:MAH's PB Ratio is ranked worse than 59.16% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.27
vs ASX:MAH: 2.79
During the past 12 months, Macmahon Holdings's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Macmahon Holdings was 36.90% per year. The lowest was -42.70% per year. And the median was 4.90% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Macmahon Holdings PB Ratio Related Terms
Macmahon Holdings PB Ratio Historical Data
* Premium members only.
The historical data trend for Macmahon Holdings's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, Macmahon Holdings's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Macmahon Holdings PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Macmahon Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Macmahon Holdings's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Macmahon Holdings (ASX:MAH) has a PB Ratio of 2.80 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macmahon Holdings and its competitors. This is 192% above median its historical median of 0.96. Over the past decade, Macmahon Holdings' PB Ratio has ranged from 0.47 to 3.09. According to the industry distribution chart, Macmahon Holdings ranks #1395 out of 2358 companies in the Metals & Mining industry, placing it in the top 59.2%.
Is Macmahon Holdings' PB Ratio too high?
Macmahon Holdings' current PB Ratio of 2.80 is 192% above median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 3.09. The Metals & Mining industry median PB Ratio is 2.27. Macmahon Holdings' value of 2.80 is 23.3% above this industry median. Based on the distribution chart, Macmahon Holdings ranks #1395 out of 2358 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Macmahon Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macmahon Holdings' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Macmahon Holdings ranks #1395 out of 2358 companies for PB Ratio. This places Macmahon Holdings in the lower half of its industry. The industry median PB Ratio is 2.27. Macmahon Holdings' value of 2.80 is 23.3% above this benchmark. Historically, Macmahon Holdings' own PB Ratio has ranged from 0.47 to 3.09 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 2.27, Macmahon Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.27, based on 2,358 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Macmahon Holdings's current PB Ratio of 2.80 is 23.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Macmahon Holdings and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macmahon Holdings's current PB Ratio is 2.80, which is 192% above median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macmahon Holdings stock overvalued right now?
Based on GuruFocus' analysis, Macmahon Holdings (ASX:MAH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.35, compared to a current price of A$0.94 — trading 167.1% above its estimated fair value. The current PB Ratio is 2.80, which is 192% above median its 10-year median of 0.96 and 23.3% above the Metals & Mining industry median of 2.27. Macmahon Holdings' overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Macmahon Holdings (ASX:MAH), the current PB Ratio is 2.80 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Macmahon Holdings (ASX:MAH) Overvalued in 2026?
Based on GuruFocus' analysis, Macmahon Holdings stock appears to be overvalued.
The current stock price of A$0.94 is trading 167.1% above its estimated GF Value™ of A$0.35.
GuruFocus considers Macmahon Holdings to be Significantly Overvalued.
Key valuation signals for ASX:MAH:
PB Ratio: 2.80 (192% above median its 10-year median of 0.96)
GF Value™: A$0.35 vs. price of A$0.94 (167.1% above fair value)
Industry Position: 23.3% above the Metals & Mining median (#1395 of 2358)
No single metric tells the full story. See the ASX:MAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Macmahon Holdings Ltd is an Australian company providing mining services to clients throughout Australia, Southeast Asia, and South Africa. Its cend-to-end mining services encompass mine development and materials delivery through to engineering, civil construction, on-site mining services, rehabilitation, site remediation, training and equipment maintenance, and refurbishment services. Its segments are Surface Mining, Underground Mining, International Mining, and Civil Infrastructure. It provides a complete set of mining services which includes surface and underground mining, civil and rehabilitation services, equipment maintenance, rentals and management.
62GF Score
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